Question: Assume you work for Amazon as operations analyst, please pick up two of the following topic, apply the linear programming to optimize something. Dynamic Pricing
Assume you work for Amazon as operations analyst, please pick up two of the following topic, apply the linear programming to optimize something.
Dynamic Pricing Optimization: Develop a dynamic pricing model for Amazons online marketplace that adjusts prices in realtime based on competitor prices, demand elasticity, and inventory levels.
LastMile Delivery Route Optimization: Create a model to optimize the routing of Amazons delivery vehicles to minimize delivery times and costs while considering traffic patterns, customer preferences, and environmental impact.
Warehouse Space Optimization: Optimize the layout and space utilization of Amazons fulfillment centers to improve picking efficiency and reduce operational costs.
Please clearly state the background and the problems the business needs to solve, and make some reasonable assumptions about data they can collect, then lists the decision variables, objective function like maximize the profits and dicuss about the constraints like capacity, labor force...at least You do not need to provide the formulas, just discuss in words.
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